BDW NORTH SCOTLAND LIMITED
🌳Matureactive
SC027535 · ltd · incorporated 1950-02-13
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 76/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 15 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
20 live charges · 15 lenders · oldest 35.0y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 35.0 years old — likely at or near maturity.
- · 15 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
20 charges (20/20 with lender, 20/20 with type)
90
Directors & officers
31 officers (4 active, 31 linked, 27 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
240 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
4
filings
- • 2 accounts
- • 2 other
Last 90 days
4
filings
- • 2 accounts
- • 2 other
Last 180 days
5
filings
- • 2 accounts
- • 2 other
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (109 events)Click to expand
- 2026-04-03📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-04-03📄legacyaccounts · PARENT_ACC
- 2026-04-03📄legacyother · AGREEMENT2
- 2026-04-03📄legacyother · GUARANTEE2
- 2025-09-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-06➖BOYES, Steven John resigneddirector
- 2025-04-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-25🔒Charge registered #20Lender: Lloyds Bank PLC
- 2025-03-04📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-03-04📄legacyother · AGREEMENT2
- 2025-03-04📄legacyother · GUARANTEE2
- 2025-03-04📄legacyaccounts · PARENT_ACC
- 2025-01-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-01➕CONDIE, Alison appointeddirector
- 2024-12-31➖MCLEOD, Douglas resigneddirector
- 2024-10-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-02-29📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-02-29📄legacyother · AGREEMENT2
- 2024-02-29📄legacyaccounts · PARENT_ACC
- 2024-02-29📄legacyother · GUARANTEE2
- 2023-03-21📄legacyother · AGREEMENT2
- 2023-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-02📄legacyaccounts · PARENT_ACC
- 2023-03-02📄legacyother · GUARANTEE2
- 2022-11-25🔒Charge registered #19Lender: Lloyds Bank PLC
- 2022-02-10🔒Charge registered #18Lender: Lloyds Bank PLC
- 2021-06-30➖WHITE, Jessica Elizabeth resigneddirector
- 2021-05-18🔒Charge registered #17Lender: Lloyds Bank PLC
- 2017-08-01➕WHITE, Jessica Elizabeth appointeddirector
- 2017-01-19➖COOPER, Neil resigneddirector
- 2016-12-31➖REED, John resigneddirector
- 2015-11-23➕COOPER, Neil appointeddirector
- 2013-07-26➕BARRATT CORPORATE SECRETARIAL SERVICES LIMITED appointedcorporate-secretary
- 2013-07-26➕DAVIDSON, Barry James appointeddirector
- 2013-07-26➖PHILLIPS, Richard James resignedsecretary
- 2013-07-26➖PHILLIPS, Richard James resigneddirector
- 2013-06-14🔓Charge satisfied #11
- 2013-04-30➖SCOTT, David John resigneddirector
- 2013-02-15🔓Charge satisfied #16
- 2012-04-20➖ALI, Mansoor resigneddirector
- 2012-04-20➖CONDIE, Alison resigneddirector
- 2012-04-20➖STEWART, David Rae resigneddirector
- 2010-12-31➖DENT, Laurence resigneddirector
- 2010-11-19🔓Charge satisfied #13
- 2010-06-25🔒Charge registered #16Lender: Arthur Conn Murrison and Others
- 2009-07-21➕THOMAS, David Fraser appointeddirector
- 2009-07-21➖PAIN, Mark Andrew resigneddirector
- 2009-04-17🔓Charge satisfied #10
- 2008-11-30➖NICOL, Ian Fraser resignedsecretary
Showing most recent 50 of 109 events
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
63/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 17 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Barratt Redrow Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Barratt Redrow Plc
Corporate parent · holds 75-100% shares · board control
⬇
BDW NORTH SCOTLAND LIMITED
This company · SC027535
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Barratt Redrow Plc Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| A MORRIS ROOFING LIMITED→ SC572573 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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| A.R.F JOINERY LIMITED→ SC478418 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ANDYANDERSON LTD→ SC777068 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ASPECT PROPERTY PRO SERVICES LTD→ SC800198 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ATC (HEAT) LTD→ SC440240 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BANCON HOMES (DEESIDE) LIMITED→ SC128711 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| BARD PROPERTY SERVICES LTD→ SC623436 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BARRY FETTES (JOINER) LIMITED→ SC254343 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| BD TREND OPTIC LTD→ SC773900 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated1950-02-13
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings
Registered office
Blairton House
Old Aberdeen Road
Balmedie
Aberdeenshire
AB23 8SH
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-29
Confirmation statement
Next due: 2027-02-10
Last: 2026-01-27
Officers (4 active · 27 resigned)
BARRATT CORPORATE SECRETARIAL SERVICES LIMITED→
Activecorporate-secretary · appointed 2013-07-26
View their other companies + combined net worth →
CONDIE, Alison→
Activedirector · ~55y · appointed 2025-01-01
View their other companies + combined net worth →
DAVIDSON, Barry James→
Activedirector · ~57y · appointed 2013-07-26
View their other companies + combined net worth →
THOMAS, David Fraser→
Activedirector · ~63y · appointed 2009-07-21
View their other companies + combined net worth →
GERRARD, Graham→
Resignedsecretary · resigned 1998-08-27
NICOL, Ian Fraser→
Resignedsecretary · appointed 1998-08-31 · resigned 2008-11-30
PHILLIPS, Richard James→
Resignedsecretary · appointed 2008-10-06 · resigned 2013-07-26
ADAMSON, William Scotland→
Resigneddirector · ~97y · resigned 1989-03-31
ALI, Mansoor→
Resigneddirector · ~53y · appointed 2008-07-01 · resigned 2012-04-20
BOYES, Steven John→
Resigneddirector · ~66y · appointed 2001-07-01 · resigned 2025-09-06
CONDIE, Alison→
Resigneddirector · ~55y · appointed 2008-07-01 · resigned 2012-04-20
COOPER, Neil→
Resigneddirector · ~59y · appointed 2015-11-23 · resigned 2017-01-19
CUSITER, Gordon William Pirie→
Resigneddirector · ~79y · appointed 1997-07-01 · resigned 2001-05-31
DEARLOVE, Colin Albert→
Resigneddirector · ~75y · appointed 2000-06-27 · resigned 2006-06-30
DENT, Laurence→
Resigneddirector · ~74y · appointed 2002-10-11 · resigned 2010-12-31
EATON, Frank→
Resigneddirector · ~76y · appointed 1999-12-31 · resigned 2002-10-07
FRASER, Ian Allison→
Resigneddirector · ~81y · resigned 1991-01-31
LAW, Karen→
Resigneddirector · ~65y · appointed 2007-10-01 · resigned 2008-03-01
LOGUE, David Iain→
Resigneddirector · ~68y · resigned 1998-09-28
MACPHERSON, Iain Murray→
Resigneddirector · ~61y · appointed 2007-07-01 · resigned 2008-06-30
Click a director name to see their full track record across all companies.
Mortgages & charges
20
Total charges
5
Outstanding
2
Active lenders
Status:Lender:20 of 20 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 25/04/2025 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 25/11/2022 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 10/02/2022 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 18/05/2021 | — | |
| satisfied | Arthur Conn Murrison and Others | Standard security | 1 property | 25/06/2010 | 15/02/2013 | |
| outstanding | James M Forbes and Others | Standard security | 1 property | 29/04/2008 | — | |
| satisfied | City & Provincial Properties City & Provincial Properties PLC | Standard security | 1 property | 06/12/2007 | 03/11/2008 | |
| satisfied | Trustees of Cormack Development Company | Standard security | 1 property | 01/03/2007 | 19/11/2010 | |
| satisfied | George Wimpey UK George Wimpey UK Limited | Standard security | 1 property | 21/09/2006 | 03/11/2008 | |
| satisfied | The Firm of a & C Murrison (Boynds) | Standard security | 1 property | 01/12/2005 | 14/06/2013 | |
| satisfied | Scottish & Southern Energy Scottish & Southern Energy PLC | Standard security | 1 property | 04/04/2005 | 17/04/2009 | |
| satisfied | Mrs Lorraine Christine Marshall | Standard security | 1 property | 01/02/2005 | 05/05/2006 | |
| satisfied | Scottish Homes | Standard security | 1 property | 06/03/2000 | 03/11/2008 | |
| satisfied | Alba Homes Alba Homes Limited | Standard security | 1 property | 17/11/1999 | 30/03/2001 | |
| satisfied | The Board of Management of Aberdeen College | Standard security | 1 property | 24/11/1997 | 03/11/2008 | |
| satisfied | Bredero Homes Bredero Homes Limited | Standard security | 1 property | 21/06/1993 | 15/09/1993 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC as Agent and Trustee. | Standard security | 1 property | 15/01/1992 | 03/11/2008 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Guarantee & debenture | 1 property | 30/04/1991 | 12/09/1996 | |
| satisfied | Barratt Development Barratt Development PLC | Bond & floating charge | 1 property | 30/04/1991 | 12/09/1996 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Bond & floating charge | 1 property | 30/04/1991 | 12/09/1996 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (240 total)
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-04-03
legacy
accounts · PARENT_ACC
2026-04-03
legacy
other · AGREEMENT2
2026-04-03
legacy
other · GUARANTEE2
2026-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-27
termination-director-company-with-name-termination-date
officers · TM01
2025-09-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-30
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-03-04
legacy
other · AGREEMENT2
2025-03-04
legacy
other · GUARANTEE2
2025-03-04
legacy
accounts · PARENT_ACC
2025-03-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-29
appoint-person-director-company-with-name-date
officers · AP01
2025-01-03
termination-director-company-with-name-termination-date
officers · TM01
2025-01-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-10-14